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104101 - Statement - Classes of Preferred Stock http://www.abc.com/role/ClassesOfPreferredStock

Part II
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (Continued)
CONSOLIDATED BALANCE SHEETS
ABC Company, Inc.
December 31,
(thousands)
ASSETS

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2010 2009
CURRENT ASSETS
Cash and cash equivalents 11,000 10,000
Restricted cash 1,000 1,000
Short term investments 1,000 1,000
Accounts receivable, net of allowance for doubtful accounts of $1,000 and $1,000 29,000 29,000
Inventories 4,000 4,000
Prepaid expenses 8,000 8,000
Other 2,000 2,000
Total current assets 56,000 56,000

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NONCURRENT ASSETS
Property, plant and equipment, net 9,000 9,000
Other noncurrent assets  (1) 82,000 82,000
Total noncurrent assets 91,000 91,000
Total assets 147,000 147,000
LIABILITIES AND EQUITY

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2010 2009
CURRENT LIABILITIES
Accounts payable and accrued expenses 7,000 7,000
Current portion of long-term debt 22,000 22,000
Other 26,000 26,000
Total current liabilities 55,000 55,000

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NONCURRENT LIABILITIES
Accounts payable and accrued expenses, noncurrent 1,000 1,000
Long-term debt 19,000 19,000
Other noncurrent liabilities  (2) 32,000 33,000
Total noncurrent liabilities 52,000 53,000
Total liabilities 107,000 108,000
Commitments and contingencies (Note G)

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STOCKHOLDERS' EQUITY
Preferred stock, $1 par, 10,000 shares authorized, issued and outstanding; redemption abount $5,000, liquidation preference $10,000, conversion basis Tincidunt cursus est 10,000 10,000
Class A and Class B common stock, $1 par, 110,000 shares authorized (Class A 60,000, Class B 50,000), 90,000 shares issued and outstanding (Class A 50,000, Class B 40,000) 20,000 20,000
Additional paid in capital 1,000 1,000
Treasury stock, share value $1, 10,000 shares, restrictions are Cursus est ullamcorper vel sollicitudin lacus (2,000) (2,000)
Retained earnings 7,000 7,000
Stockholders' equity attributable to parent 36,000 36,000
Stockholders' equity attributable to noncontrolling interest 4,000 3,000
Stockholders' equity including portion attributable to noncontrolling interest 40,000 39,000
Total liabilities and stockholders' equity 147,000 147,000

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